Enkhuizen, The Netherlands
October 20, 2005
INCOTEC and
Ball Horticultural Company
have agreed on the sale of Flower Seed Technology in Hem (the
Netherlands) to INCOTEC effective October 1st, 2005.
Incotec will take over all activities of Flower Seed Technology
maintaining the high level of customer service and product
quality to which its customers have become accustomed.
Ball Horticultural Company will continue to service its existing
customers trough its Seed Technology Services division in West
Chicago.
Separately, INCOTEC and Ball may explore areas of collaboration
based on a strong partnership.
Jack Metzelaar, General Manager of Ball Holland, “We will
continue to work closely with INCOTEC in order to continue to
sell high quality seed to its customers while exploring the
possibility to have access to high level seed technology in the
future”.
JanWillem Breukink, CEO and President of INCOTEC Holding BV,
“We are pleased with this acquisition as this fits very well in
the long term strategy of Incotec to remain a dominant player in
seed and coating technologies for vegetables, flowers and
agricultural crops”.
Steve Cull, Director of Seed Operations, “With this transaction,
Ball Horticultural Company will concentrate on servicing flower
seed companies and growers from its West Chicago facility, and
we are confident that the high standards set by Flower Seed
Technology will be maintained by INCOTEC”.
INCOTEC is the leading seed technologies service
provider in vegetable and flower seed.
Ball Horticultural Company is leading producer
and distributor of flower seed and ornamental young plants to
growers in all major global markets. |